Decision of the Chairman of the Office for Competition and Consumers Protection has been delivered to PKN ORLEN

Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN"), Central Europe’s largest downstream oil company, announces that on 16 January 2007 PKN ORLEN plenipotentiary received the decision of the Chairman of the Office for Competition and Consumers’ Protection (“OCCP”) dated 29 December 2006. Decision of the Chairman of OCCP PKN ORLEN acknowledged PKN ORLEN of applying the competition limiting practice, violating the prohibition included in art. 8 item 1 and item 2 point 5 of the Act on competition and consumer protection, abusing dominant position by PKN ORLEN on the domestic monoethylene glycols market by acting against the creation of the indispensable conditions for setting or development of the competition through unfairly setting the price formula of Petrygo (anti-freeze engine coolant) which was acknowledged as inadequate to increase of monoethylene glycol price. Decision of the Chairman of the OPCC imposed a penalty on PKN ORLEN in the amount of PLN 14m.

Decision of the Chairman of the OPCC refers to the OPCC conduct started on 17 November 1999 during which the Chairman of OPCC on 19 July 2000 imposed a penalty on PKN ORLEN in the amount of PLN 40m.

PKN ORLEN is entitled to appeal against the today delivered decision to the District Court in Warsaw – The Court for Competition and Consumers’ Protection.

See also: regulatory announcement no 28/2005 dated 6 May 2005, regulatory announcement no 55/2003 dated 11 July 2003, regulatory announcement no 53/2001 dated 14 August 2001, regulatory announcement no 51/2000 dated 20 July 2000.